NYSEARCA:FDEM - NYSE Arca - US3160925430 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to FDEM. In the past year, FDEM was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, FDEM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.93, a Stop Loss order could be placed below this zone.
23.73
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
NYSEARCA:FDEM (5/9/2025, 8:04:00 PM)
26.17
+0.25 (+0.96%)